CTS Catalytic

 

TIDMCTS TIDMCTSU 
 
RNS Number : 2495T 
Catalytic Solutions, Inc. 
24 September 2010 
 

+-------------------------------+------------------------------------+ 
| For Immediate Release         |                  24 September 2010 | 
+-------------------------------+------------------------------------+ 
 
 
 
                            Catalytic Solutions, Inc. 
 
                                (the "Company") 
 
            merger update - Registration Statement declared effecTIve 
 
Catalytic Solutions, Inc. ("CSI") (AIM: CTS and CTSU), the Company behind Mixed 
Phase Catalyst (MPC ) technology hereby gives notice that, further to its press 
release of 14 May 2010 regarding its merger with Clean Diesel Technologies, Inc. 
("CDTI") ("Merger"), it is pleased to confirm that US regulatory authorities 
have now completed their review of the S-4/A Joint Proxy Statement ("Information 
Statement") of CDTI and CSI and have now declared it effective. A copy of the 
document is available for inspection at www.sec.gov. 
CSI expects to post shortly to CSI shareholders the Information Statement and 
related documentation in connection with the proposed merger, which will, inter 
alia, include a notice convening a special meeting of CSI shareholders together 
with a recommendation that CSI's shareholders vote in favour of resolutions to 
be voted on at that meeting to approve the proposed merger and permit the 
conversion of the secured convertible notes issued in connection with its 
capital injection of U.S.$4.0 million. 
A further announcement regarding posting of the Information Statement will be 
made in due course. 
 
 
 
For further details please contact: 
+---------------------------+------------------+--------------------+ 
| Catalytic Solutions, Inc. | Canaccord        | Buchanan           | 
| Charlie Call, Chief       | Genuity Limited  | Communications     | 
| Executive Officer         | Robert Finlay    | Charles Ryland     | 
| Tel: +1 (805) 639-9463    | Guy Blakeney     | Christian Goodbody | 
| Steve Golden, Chief       |                  |                    | 
| Technical Officer         |                  |                    | 
| Tel: +1 (805) 639-9464    |                  |                    | 
| Nikhil Mehta, Chief       | Tel: 020 7050    | Tel: 020 7466 5000 | 
| Financial Officer         | 6500             |                    | 
| Tel: +1 (805) 639-9461    |                  |                    | 
+---------------------------+------------------+--------------------+ 
 
About Catalytic Solutions, Inc. 
Catalytic Solutions, Inc. is a global manufacturer and distributor of emissions 
control systems and products, focused in the heavy duty diesel and light duty 
vehicle markets. The Company's emissions control systems and products are 
designed to deliver high value to its customers while benefiting the global 
environment through air quality improvement, sustainability and energy 
efficiency. Catalytic Solutions, Inc. is listed on AIM of the London Stock 
Exchange (AIM: CTS and CTSU) and currently has operations in the USA, Canada, 
France, Japan and Sweden as well as an Asian joint venture. 
 
A copy of this release is available on CSI's website at 
www.catalyticsolutions.com. 
The material set forth herein is for informational purposes only and is not 
intended, and should not be construed, as an offer of securities for sale into 
the United States or any other jurisdiction.  The securities of CSI described 
herein have not been registered under the U.S. Securities Act of 1933, as 
amended (the "Securities Act"), or the laws of any state, and may not be offered 
or sold within the United States, except pursuant to an exemption from, or in a 
transaction not subject to, the registration requirements of the Securities Act 
and applicable state laws. There is no present intention to register CSI's 
securities in the United States or to conduct a public offering of securities in 
the United States. An  information statement in the form to be provided to CSI's 
shareholders in connection with the proposed Merger is included in a 
registration statement on Form S-4 which was initially filed by CDTI with the 
U.S. Securities and Exchange Commission on 14 May 2010, and amended on 22 July 
2010, 30 August 2010, 15 September 2010 and 23 September 2010 and which was 
declared effective on 23 September 2010. 
This announcement and the information contained herein include forward-looking 
statements relating to CSI and CDTI.  Forward-looking statements are identified 
by words such as "believe," "anticipate," "expect," "intend," "plan," 
"will," "may," "should," "could," "think," "estimate" and 
"predict," and other similar expressions.  In addition, any statements that 
refer to expectations, projections or other characterisations of future events 
or circumstances are forward-looking statements.  Such statements reflect the 
relevant company's current views with respect to future events and are subject 
to risks, assumptions and uncertainties that could cause the actual results to 
differ materially from those expressed or implied in the forward-looking 
statements. Many of these risks, assumptions and uncertainties relate to factors 
that are beyond the companies' abilities to control or estimate precisely, such 
as future market conditions, changes in general economic and business 
conditions, introduction of competing products and services, lack of acceptance 
of new products or services and the behaviour of other market participants. 
The board directors of CSI accepts responsibility for all the information 
contained in this Announcement except for that information regarding CDTI, for 
which it accepts no responsibility. To the best of the knowledge and belief of 
the board directors of CSI (who have taken all reasonable care to ensure that 
such is the case), the information contained in this document for which they are 
responsible is in accordance with the facts and does not omit anything likely to 
affect the import of such information. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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